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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Michael Ohlendorf who wrote (28407)	2/18/1999 7:42:00 AM
From: Georgeb	Respond to of 70976

1998: $125B IN SEMICONDUCTORS SOLD · The semiconductor industry sold $125 billion in 1998, an 8.4 percent drop from 1997 sales, according to the Semiconductor Industry Association. However, an unexpectedly strong fourth quarter, with a 10.5 percent increase over the third, and showed promise that the industry may be on its way to recovery. "December is the first month in 1998 when two of the world markets showed growth on a year-over-year basis," said SIA President George Scalise. "Asia-Pacific's sales in December are up 2.4 percent from December 1997, when the financial crisis had not yet taken effect. This stabilization bodes well for favorable sales in 1999." In addition to Asia-Pacific's increase, Europe continued its strong recovery with a five percent jump. The Americas and Japanese markets lost 8.3 and four percent respectively against 1997. (Press Release: semichips.org